Assessments – How the Money Is Spent
Assessments are paid by every member of the Association and are divided into two categories: General Assessments and Neighborhood Assessments.
All Ashburn Farm homeowners pay a General Assessment for: maintenance, contributions to the capital reserves, general administration, utilities, taxes, insurance, common areas (including amenities such as tot lots, athletic fields, etc.), pool memberships, and community/committee programs.
The Neighborhood assessment for single family homes pays for trash and recycling collection. In private street neighborhoods, it pays for trash and recycling collection, street light electricity and maintenance, snow removal, and the maintenance of townhome parking areas, sidewalks, and mailbox porticos.
Condominiums have a separate association that is responsible for their maintenance and upkeep of the open space, building exteriors, utilities, pool, etc.; however, they also pay the General Assessment to Ashburn Farm Association. (For more information, see Budget and Finance.
Once the Association’s annual budget is approved by the Board of Trustees, the information is provided to the Association’s accounting service provider to prepare the Association’s assessment billing for the upcoming year. Assessment payments are due on the first of each month; however, the Association continues to accept pre-payments. At the end of each fiscal year, every owner will receive a coupon booklet from the Association’s accounting service provider. Coupons must accompany payments made by check. Online payments are also accepted, using ACH or your bank’s bill pay service. Payments received after the 30th of the month will incur a $25.00 late charge and a $5.00 administrative fee.
|Assessments||2018 Monthly Fee||2018 Quarterly Total|
Click here to view your account balance with Summit Management.
Summit Management Services handles all of the Association’s financial needs. You may contact them with any questions at:
Payments may be made to Ashburn Farm Association in several different ways. Please click here for all payment options.
Click here to access the Summit Management website and make a one-time payment. You can make a one-time payment with a debit or credit card, or setup recurring payments. (Recurring payments MUST be renewed annually, unless you sign up for Direct Debit below).
Click here to obtain the form to sign up for automatic withdrawal from a checking account to pay your assessments. Fill out the form and mail it to the accounting department at:
Summit Management Services, Inc., AAMC
3833 Farragut Ave
Kensington, MD 20895
You will receive a confirmation letter with a start date for the direct debit and should continue to pay assessments until that confirmation letter is received.
Payment via U.S. Mail
Please make all payments in check or money order to:
Ashburn Farm Association
C/O Summit Management, Processing Center
P.O. Box 95366
Las Vegas, NV 89193-5366